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Cheap energy housing can be funded with EU money - 07/04/2009

Homeowners looking to compare energy prices could soon have the option of living in an energy-efficient home built using European Union (EU) funds.

Britain has been authorised to use around £100 million of the European Regional Development Fund to make housing stock more energy-efficient.

The development gives the government greater access to funds to help install widespread cavity wall and loft insulation, as well as a wide range of additional measures, such as double-glazing and microgeneration equipment.

David Orr, chief executive of the National Housing Federation and president of European social housing organisation CEDODHAS, said: "By enlarging the scope of action of European Regional Development Funds, the EU eventually shows that it can bring concrete answers to local needs."

Widespread energy efficiency has been mooted by the government as the best way to tackle price rises from energy companies and to reduce the level of fuel poverty in the UK.

Government officials decided against imposing a windfall tax on energy suppliers towards the end of last year.

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